In the year 2012, in the month of October the Nifty plunged nearly 900 points to a low of 4,888.20 on what the NSE called ‘erroneous orders’ executed by Emkay Global Financial.

Last year the market sent shock waves to the investors not in October but in November (Just a month delay)

Bulls are afraid of October month now as the aftershock of GST and the North Korea tension still exist in the market. While we do not rule out a correction, it is better to hold companies which are showing signs of improvements in earnings. The results session may send shocks to the stock prices but it is better to buy on correction as the GST shock may fade shortly in 3-6 months.